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IHCL EXPANSION PLANS
IHCL shifts focus to overseas expansion as domestic business runs on autopilotThe Indian Hotels Company, affectionately known as IHCL, is setting its sights on global horizons. With its domestic operations thriving, t...- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
- Gulshan Group to invest Rs 1000 crore to build Taj-branded hotel, residences in NoidaGulshan Group will invest Rs 1,000 crore to develop a Taj-branded hotel and residences in Noida. The project will feature a 150-key luxury ...
- IHCL Q4 net profit at Rs 522 crore, revenue up 27% to Rs 2,425 crIndian Hotels Company Ltd (IHCL) posted a 25% YoY rise in Q4 FY25 profit at ₹522 crore. Annual profit surged 52% to ₹1,908 crore, driven by...
- 'IHCL aiming for double-digit growth in FY25'IHCL reported a 29% year-on-year rise in net profit in the fiscal fourth quarter to ₹438 crore. Revenue in the three months ended March 31 ...
- IHCL to open SeleQtions resort in partnership with Merlin GroupIBIZA – an IHCL SeleQtions will have 130 keys, including eight suites, spread over 11 acres in Kriparampur, a popular tourist destination. ...
- Taj Hotels targets aggressive expansion plans in next 2-3 yearsAt present, the Tata Group runs three hotels in UAE; two each in the US, UK and Africa and eight in India’s immediate neighbourhood. Taj pa...
- IHCL to launch QIP worth Rs 2,000 croreIn October last year, the company had announced plans to raise upto Rs 2000 crore by way of a way of a rights issue and another Rs 2000 cro...
- IHCL Q2 results: Co reports revenues at Rs 728 cr, losses narrow down to Rs 131 crIHCL's losses narrowed down to Rs 131 crore from Rs 252.09 crore in the corresponding period of the previous fiscal. IHCL had reported reve...
- Can IHCL (Taj Hotels) weather the coronavirus storm?Just when IHCL was cutting debt and opening more hotels, the virus storm hit and changed everything.
- IHCL announces partnership with global car rental company SixtNew cooperation between the two companies will give Taj InnerCircle members immediate access to Sixt’s services and fleet.
- Rights issue terms get all clear from IHCL committeeIHCL plans to add around 400-500 keys to these two properties. IHCL's stock closed at Rs 112.15 on the Bombay Stock Exchange on Friday.
- IHCL board approves rights issueET was the first to report that IHCL is coming up with a rights issue.
- Indian Hotels plans to raise Rs 1,000 croreIn a statement to the BSE on Aug 16, IHCL had stated that a meeting of the board of directors will be convened on Aug 21, for considering t...
- Taj to focus on key Indian cities, GCC, South East Asia for expansionThe company yesterday announced the plan to sell its Taj Boston hotel for a base price of $125 million (about Rs 836.09 crore).
- Taj to focus on key Indian cities, Gulf Council countries, SE Asia for expansionIHCL which runs Taj Group of hotels, today said it will focus on key cities in the country, the Gulf Cooperation Council (GCC) nations and ...
- IHCL plans Rs 959 cr capex; promoters to up stakeTata Group hospitality arm IHCL on Thursday said it is considering listing its subsidiary Roots Corporation, going forward.
- IHCL plans to set up 16 new hotels in FY 09Continuing its aggressive growth agenda, Tata group company, Indian Hotels Company Ltd (IHCL) plans to add 16 new hotels in the fiscal 2009...
- Taj set to foray into China with biz hotel in NingboLook east seems to be the expansion mantra for the Taj group. This time the hospitality major is foraying into China targetting Ningbo city...
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